If you have ever wandered into this cute town either by accident on a Sunday drive, or by knowing it has become a destination point year round, you will understand its’ draw and charm immediately.
With the Grand River running through it and many outdoor cafes, coffee shops and restaurants overlooking the water, it has become a tranquil and peaceful place to visit, especially during the summer months when you can sit outside with a cup of coffee, or a glass of wine and enjoy the view.
Paris, Ontario was named after the nearby gypsum deposits that were used for plaster of Paris. Hiram Capron originally from Vermont was the founder of Paris who purchased some key lands near the Forks of the Grand for $10,000 in 1829. Mr. Hiram went about planting his roots in Paris as well as setting up a grist mill, iron foundry and of course to access the natural resources in the area, he set up a gypsum mining operation.
Some of the most distinctive buildings and homes in Paris were constructed of cobblestones collected from the rivers, hence the name “the cobblestone capital of Canada”. St. James Church was one of the first buildings to be constructed in this material in 1839 and to this day, some of the most unique homes and buildings still stand and reflect the construction of this period.
Modern Paris, Ontario is a thriving community that attracts Real Estate Buyers and Investors from many directions. It is especially appealing to people seeking a quieter lifestyle in a Town that has a great core area as well as many opportunities for outdoor living. Kayaking, hiking, fishing, trails and campgrounds are all located nearby and many can be accessed by a short walk from most neighbourhoods. In recent years, there has been an influx of Home Buyers from the GTA, Hamilton and Woodstock which can be attributed to easy access to Highway 403 and people seeking a peaceful “small town” style of living.
Paris offers wonderful attractions including Barker’s Bush which is a series of Walking and Biking Trails. The Fall Fair is a five day event hosted at the Paris Fairgrounds and the Paris Speedway Track has been the location of many national motorcycle races. In 1928 the Penman Dam was built by John Penman who was an industrialist. Each night the dam is lit up for all to see either from the William Street Bridge, or from one of the many restaurants lining the downtown core. Many movies have been filmed in this cute little town and “Let it Snow” a romantic Christmas comedy was filmed as recently as 2019.
All schools in the Paris District are overseen by the Grand Erie District School Board and there are well rated public schools, Paris District High School, Catholic schools and a private Montessori Children’s Academy.
Paris, Ontario Real Estate has seen a huge surge in new construction over the last 10 to 15 years, particularly along the East and West side of Rest Acres Road, where a large tract of land which was formerly a gravel pit operation has now been converted into brand new subdivisions. This area is still being built up today. Just one minute off of highway 403, Scenic Ridge East by LIV Communities will be rolling out another Phase in early 2020 in the location of Potruff Road and Powerline Road, right near the Brant Sports Complex. These homes starting in the $400,000 range are perfect for the First Time Home Buyer as well as Buyers wishing to downsize. Many New Home Builders are taking advantage of the draw of beautiful Paris and there are numerous options available to Buyers including detached single family residences, town homes and condominiums. The Royal is a new Luxury Condominium complex located in the downtown core that offers ten exclusive suites starting at $759,000. Some of the amenities available at this new high end building are a roof top lounging area with gas BBQ’s for group entertaining, high quality construction, secure entry, rear property trail leading to the hillside nature walking trail, underground parking, bicycle storage room and miscellaneous common storage to name a few.
Not everyone is interested in New Construction and Paris has many other resale options available. Currently there are 58 Residential Properties for Sale in the Town of Paris ranging in Asking Price from $369,900 up to $1,650,000.00. The choices for styles of homes available are detached one and two storey properties, town homes, one and two storey condominiums and there are limited multi- residential properties available, however they can be a great find if you are an Investor.
The Corona Virus has certainly impacted the Real Estate Market as people hesitate to view property in person and the Real Estate Association has banned all Open House Activity. Realtors are learning new and safer practices with electronic communication, Zoom meetings with Buyers and Sellers, Realtor video walk-throughs and ensuring there are ample pictures, especially Virtual Tours for clients to view. While a limited number of people still require our services out of necessity, our job is to ensure the utmost safety of the clients we represent.
If you do not HAVE to Buy or Sell property at this time due to personal circumstances, it is advised that you don’t, however it is always a good policy to keep tabs on the Market. With extra time on our hands, it does not harm to look and dream from the safety and comfort of your own home. This virus will pass and at some point the market will open up again. If you are thinking of a move in 2020 when all of the concerns for health safety have passed, there are things you can do to get ready. If you plan to Sell Your Property, now is the perfect time to get the small jobs around the house and yard completed and to get an idea of what your property is worth.
Many stores with the supplies you may need for improvements are delivering curbside, or providing the option of safe pick up at locations out front of stores. It is still important to use all precautions to clean all packaging and wash your hands immediately afterward and to ensure you are following the guidelines set out by Health Canada. If you have the supplies at home already, all the better.
If you are a Buyer, it would be prudent to have a phone conversation with your Banker to get pre-approved for a mortgage, to understand the changes that have occurred due to Covid-19 from a lending perspective and to ensure you meet all of their current requirements for financing a new purchase.
Although there is some uncertainty for now, as a former Canadian Residential Appraiser (20 years) who saw the rush of 1989 and the subsequent decline of 1993 and some ebb and flow in between, I am confident Brantford and area Real Estate will bounce back as it historically has. There have been many seasons of change in the Real Estate Market, however a consistent trend has been a shortage of housing.
If you’d like to stay informed, you can sign up effortlessly at: www.propertyforsaleinbrantford.com. There is also an option there to search for property (faster and more up to date than Realtor.ca) or to obtain specific Neighbourhood Market Reports.
I am personally available to help guide you through this challenging time and I encourage you to keep dreaming. I am here to answer any real estate related questions you may have, by text or calling at: 519-755-7250 or you can email me at email@example.com Be safe and stay well…